Environmental & Cleantech
San Francisco is making Cleantech a cornerstone of its development strategy with as many as 225 Cleantech companies established in the City. In early 2014, the San Francisco Bay area had nearly 60,000 jobs in the region’s core clean economy in a range of businesses that are working towards efficiently utilizing natural resources and helping the economy make the transition from fossil fuels to alternative energy sources. By the end of 2014, the greater San Francisco Bay Area advanced energy jobs to 104,500. The bay are also boasts the largest concentration of clean technology investors in the U.S. with abundant business opportunities for clean technology/service companies targeting the West Coast and Asia.
San Francisco was chosen as a Climate Action Champion in 2014 due to the city’s leadership in fighting Climate Change thereby cementing its position as the global hub for environmental action and innovation. San Francisco was also ranked as the number one city in the U.S in the Clean Tech Leadership Index by the Clean Edge Group in the same year.
As the leading city in clean technology adoption, San Francisco offers a payroll tax exemption for businesses that engage in clean energy technology. San Francisco’s tech-savvy business community, enlightened local leaders and world-class academic institutions make the City an ideal setting for incubating and developing new environmentally friendly technologies. Its natural resources, technological innovation and environmental leadership position it to continue leading in Cleantech and green transportation well into the future.
CLEAN TECH LEADERSHIP INDEX – 2014